Catenaa, Monday, October 13, 2025- JPMorgan Chase on Monday pledged as much as $10 billion in direct equity and venture capital stakes in companies operating within industries such as AI, mineral producers, and defense.
A press release said that this strategy is part of a wider “security and resiliency” plan by the country’s largest bank to commit $1.5 trillion in future financing and spending on industries critical to national and economic security in the US and allied nations.
JPMorgan CEO Jamie Dimon said that the plan is aimed at speeding up investments in these critical industries where the US and its allies have become hampered domestically and overly reliant on foreign supply chains.
“It has become painfully clear that the United States has allowed itself to become too reliant on unreliable sources of critical minerals, products, and manufacturing, all of which are essential for our national security,” Dimon said in the press release.
“Our security is predicated on the strength and resiliency of America’s economy. America needs more speed and investment,” Dimon added, noting that “excessive regulations,” “partisan gridlock,” and the education system have all hampered such efforts.
JPMorgan had already planned to commit $1 trillion over the next decade to such areas as aerospace, defense, energy, manufacturing, and emerging technology.
This initiative adds another $500 million, along with the $10 billion worth of investments.
JPMorgan provided MP Materials, the country’s largest rare earth producer, with financing over the summer. It also counts Intel as a client.
The US Pentagon is also looking to stockpile as much as $1 billion of critical minerals, according to a Financial Times report that cited public filings published by its Defense Logistics Agency.
